When you think of Berkshire Hathaway, two names come into the minds of investors. One name is Warren Buffett, the Oracle of Omaha. The other name is Charlie Munger, the 99 year old vice chairman of berkshire hathaway. On 11-28-2023, Warren Buffett is losing his friend Charlie Munger. Munger died in Santa Barbara, CA. Does Warren Buffett have a designated successor to the Vice Chairman role? Next, Charlie Munger wanted to catch a 200-pound tuna fish before he died. This feat did not happen for the Harvard educated lawyer. Munger and Buffett met in 1959, and were friends for the past 64 years. Munger attended University of Michigan and California Institute of Technology, but did not have a degree from either of these renowned institutions. Munger served in the US Army Air Corps, and he lost an eye to failed cataract surgery. Furthermore, the investing legend worked as a teenager at a grocery store called Buffett & Son. This grocery store was owned by Warren Buffett's grandfather. Munger was known as Buffett's sounding board. He helped Buffett to grow Berkshire Hathaway into a multinational holding company. The company's stock symbol is BRK.A, and its market capitalization is above $700 billion. In contrast, Henry Kissinger emigrated to the USA with some family members at the age of 15. He escaped Germany before Europe's present day strongest economy invaded Poland to start World War II in 1939. Kissinger became Secretary of State under President Richard M. Nixon, and Kissinger earned an MA and PhD from Harvard University. Kissinger won the Nobel Peace Prize in 1973, along with North Vietnam's Le Duc Tho. This award was a controversial victory, as Le Duc Tho declined the Nobel Peace Prize award. In this penultimate paragraph, Kissinger can be described as the man who negotiated a ceasefire in Vietnam with major help from Le Duc Tho. Henry Kissinger served in the United States Army from 1943-1946, as an Sergeant in the 84th Infantry Division 970th Counter Intelligence Corps Detachment. Kissinger was a Republican that left a lasting legacy on foreign policy. He became former President Richard Nixon’s national security adviser in 1969. Besides conducting negotiations to settle the war in Vietnam, he helped normalize relations between the U.S. and China. In closing, Kissinger continued to be Secretary of State during the Ford administration until the end of the former President’s term in 1977. Kissinger chaired the the National Bipartisan Commission on Central America in 1982. He served on the President’s Foreign Intelligence Advisory Board under Reagan and former President George H.W. Bush. Kissinger released several books in his lifetime, including “Leadership: Six Studies in World Strategy,” published in 2022. Kissinger is survived by his wife, Nancy Maginnes Kissinger, and his two children, Elizabeth and David, from his first marriage. The picture above this weblog post is the revered Dr. Henry Kissinger. The world will miss both of these highly successful and intelligent people.
